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Contact:
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Robert Schmermund
(202) 857-3104
Jim Eberle
(202) 857-3145
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Jim Eberle
(202) 857-3145 (work)
(703) 893-2593 (home)
[email protected]
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For Immediate Release
December 5, 2005
#05-90 |
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E-mail:
[email protected] |
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ACB ANNOUNCES EXCLUSIVE AGREEMENT WITH STIFEL NICOLAUS
WASHINGTON, D.C. — ACB Business Partners, Inc., a subsidiary of America’s Community Bankers, announced today that it has entered into an exclusive agreement with Stifel, Nicolaus & Company, Inc. (formerly Legg Mason Fixed Income Capital Markets) to offer fixed income research and strategies to ACB members.
“After evaluating several firms, ACB Business Partners selected Stifel Nicolaus for its market experience and distinguished approach to working with depository institutions,” said William J. Kroll, president of ACB Business Partners.
Stifel Nicolaus Fixed Income Capital Markets serves more than 1,650 institutional clients, including 450 depository institutions. Its research and strategy team has more than 20 years of experience in bank portfolio management and 25 years in bank regulation, and specializes in developing custom solutions tailored to each bank’s specific needs.
Stifel Nicolaus will offer all ACB members the “ACB Premier Service,” which includes strategic investment and regulatory reports, economic and trading commentary and customized portfolio analysis.
The customized portfolio analysis assesses the strengths and weaknesses of a bank’s portfolio from both a business and a regulatory perspective. The analysis also contains specific strategy recommendations to assist banks in meeting their particular goals.
“We are very excited about our new agreement with ACB and are proud to be associated with such a highly regarded organization,” said Joseph A. Sullivan, executive vice president and director, Stifel, Nicolaus & Company, Inc. “We look forward to providing our many resources for the benefit of the ACB membership.”
America’s Community Bankers is the national trade association committed to shaping the future of
banking by being the innovative industry leader strengthening the competitive position of
community banks. To learn more about ACB, visit
www.AmericasCommunityBankers.com.
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